Insider sale: SMCI (NASDAQ: SMCI) files to sell 54,670 shares on 05/20/2026

Rhea-AI Filing Summary

SMCI reported a Form 144 notice showing 54,670 shares of Common Stock listed as to be sold on 05/20/2026 in connection with a Stock Option Exercise for cash. The filing also lists sales by Yih-Shyan W. Liaw during the prior three months: 20,000 shares on 05/19/2026, 67,879 shares on 05/18/2026, 30,000 shares on 05/14/2026, 10,000 shares on 05/13/2026, and 10,000 shares on 05/11/2026.

The filing names Morgan Stanley Smith Barney LLC as the broker-dealer listed under filer information and notes transactions on NASDAQ. The notice documents quantities and gross proceeds for each reported sale; cash‑flow counterparties and broader context are not included in the excerpt.

Insights

Insider-Transaction Analyst

Form 144 lists a planned sale of 54,670 shares and several recent dispositions by the same holder.

The notice records a Stock Option Exercise with 54,670 shares earmarked to be sold on 05/20/2026 and multiple prior sales totaling 137,879 shares across 05/11/2026–05/19/2026. Reported gross proceeds are shown for each historical trade.

These filings are administrative sale notices; cash-flow treatment and whether sales were under a pre-arranged plan are not specified in the provided excerpt. Subsequent filings may provide additional timing or attribution details.

Key Figures

Shares listed to be sold: 54,670 shares Sale on 05/19/2026: 20,000 shares Sale on 05/18/2026: 67,879 shares +3 more

6 metrics

Shares listed to be sold 54,670 shares to be sold on <date>05/20/2026</date> via Stock Option Exercise

Sale on 05/19/2026 20,000 shares <date>05/19/2026</date> gross proceeds <money>$622,500.00</money>

Sale on 05/18/2026 67,879 shares <date>05/18/2026</date> gross proceeds <money>$2,042,218.11</money>

Sale on 05/14/2026 30,000 shares <date>05/14/2026</date> gross proceeds <money>$997,501.00</money>

Sale on 05/13/2026 10,000 shares <date>05/13/2026</date> gross proceeds <money>$330,000.00</money>

Sale on 05/11/2026 10,000 shares <date>05/11/2026</date> gross proceeds <money>$355,500.00</money>

Key Terms

Form 144, Stock Option Exercise, Securities Sold During The Past 3 Months, Gross proceeds

4 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Securities To Be Sold | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months"

Gross proceeds financial

"05/19/2026 | 20000 | 622500.00"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	54670	1777105.00	601418482	05/20/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/20/2026	Stock Option Exercise	Issuer			54670	05/20/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/19/2026	20000	622500.00
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/18/2026	67879	2042218.11
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/14/2026	30000	997501.00
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/13/2026	10000	330000.00
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/11/2026	10000	355500.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the SMCI Form 144 filing show?

The filing shows 54,670 shares of Common Stock to be sold on 05/20/2026 via a Stock Option Exercise. It also lists multiple prior sales by Yih-Shyan W. Liaw in May 2026 with share counts and gross proceeds.

Who is reported as having sold shares in the SMCI Form 144?

The filings list Yih-Shyan W. Liaw as the reporting holder for several disposals: 20,000, 67,879, 30,000, 10,000, and 10,000 shares on specific May 2026 dates, with gross proceeds shown for each trade.

What broker‑dealer is named on the SMCI Form 144?

The filer information includes Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza, 8th Floor, New York, NY, listed in the notice. The excerpt ties transactions to NASDAQ trading on the stated dates.

Are proceeds reported in the SMCI Form 144 excerpt?

Yes. The excerpt shows gross proceeds for each sale, for example $622,500.00 for 05/19/2026 (20,000 shares) and $2,042,218.11 for 05/18/2026 (67,879 shares).

Does the Form 144 excerpt state whether sales were pre-arranged or under a plan?

The provided excerpt does not state whether the transactions were made pursuant to a trading plan or similar arrangement; timing and plan details are not included in the visible text.